March 2018

Interactive Intelligence Group Wins Dismissal in Post-Merger Litigation

United States - Indiana

Faegre Baker Daniels represented the former directors of Interactive Intelligence Group, Inc. in connection with litigation following a $1.4 billion merger. A shareholder sought to unwind the transaction after more than 99 percent of shares were voted in favor of the merger based on the company’s alleged failure to disclose sufficient details about the transaction. The company and its directors moved to dismiss the complaint. The motion was granted, and the case was dismissed with prejudice. Karl Trahan v. Interactive Intelligence Group, Inc., No. 1:16-cv-03161-SEB-MPB, 2018 WL 1522657 (S.D. Ind. Mar. 28, 2018).

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